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~~. <br />8~.-"~~t~~;s~~~ <br />propez court and other costs of foreclosure <br />and sale if sale is pursuant to judicial <br />foreclosure, the proceeds of sale shall be <br />applied in the order stated to the payment <br />of <br />(a) Cost o€ any evidence of title procured <br />in connection with such sale and of any <br />tax on the conveyance; <br />(b) All sums then secured hereby; <br />(c) All expenses of upkeep, maintenance, and <br />utilities incurred in connection with <br />such sale; <br />{d) The remainder, if any, to the person or <br />persons legally entitled thereto. <br />Upon the occurrence cif any default hereunder, <br />Beneficiary shall have the option to foreclose <br />this Trust Deed in the manner provided by law for <br />the foreclosure of morr.gages on real property. <br />Beneficiary :say from time to time substitute a <br />suecessrrr or successors to any~~Trustee named <br />herein or acting hereunder. Upon such appoint- <br />ment, and without conveyance to the successor <br />Trustee, *he latter shad be vested with all <br />title, powers, and duties conferred upon any <br />Trustee herp~.n named or acting hereunder. Each <br />such appointment and substitution shall be made by <br />writtsn instrument and .executed by Beneficiary: <br />containing reference to this Trust Deed and its <br />Mace of record, which, when rr_-corded in the <br />office of the Register of Deeds of the county or <br />eauntios in which said property is situated, shall <br />ber conclusive proof of ,roger appointment of the <br />successor Trustee. ':`he xoregoing power of substi- <br />tution and the procedure shall of be exclusive of <br />the =xsaer ar:d procedure: provided for by Iaw for <br />the substitution of a '~rustee in th€: place o€ the <br />'"±~ust?e namfld herein. <br />F. Trustor covenant=. ~~nd agrees that upon any convey- <br />ance, assignment ~r transfer of his interest in <br />the premises durinc3 the term of the loan secured <br />hereby, the Beneficiary shall have the option of <br />declaring the unpaid balance immediately due and <br />payable, and if said sum remains unpaid for five <br />(5) days thereafter, Beneficiary can cause Notice <br />of Default to be given and the premises to be sold <br />as provided herein. <br />G. Rs additional and collateral security for the Loan <br />and effective forthwith upon fi3ing of a Notice of <br />Default, this in~ctrument shall serve as an assign- <br />ment by the Trustor to the Trustee of all rents <br />and rovenues resulting from the property, and <br />firustee is authorized to take possession of the <br />property, rent or lease the same on terms he deems <br />b+sst and to collect the rentr~ and .revenuer and <br />apply 1Gt~e same upon unpaid interest., principal, <br />txtxes or ins~uxanee pr+amiums or for maintenance and <br />pres~t,rvation of the premises. <br />H. ll~an request of Truetor. Beneficiary, at 13enefi- <br />ci~-ry's o tibn, prior to fu.li reronveyance of the <br />ixrop~rt~ y Trustee to Trustor, may make futur+~ <br />advmrscas to 'crustor. Such future advances, with <br />- 4 - <br />